A new take on the gold standard?

Keynes, in his Treatise on Money, in a footnote at the beginning of Chapter 35, referring to the love of money, as a footnote pointing to the work of the Hungarian psychoanalyst, Sandor Ferenczi, who was famous for his work on that subject. Ferenczi argued that the love of money was a continuation of infants’ fascination with their own feces.

Ferenczi, Sandor. 1914. “The Ontogenesis of Interest in Money.” In Sex in Psycho-Analysis (Contributions to Psycho-Analysis) (NY: Basic Books, 1950): pp. 319-31.

I turns out that Keynes and Ferenczi were up to something.

Devlin, Hannah. 2015. “Gold in faeces is worth millions and could save the environment.” The Guardian (25 March). http://www.theguardian.com/science/2015/mar/23/gold-in-faeces-worth-millions-save-environment.

“Sewage sludge contains traces of gold, silver and platinum at levels that would be seen as commercially viable by traditional prospectors. “The gold we found was at the level of a minimal mineral deposit,” said Kathleen Smith, of the US Geological Survey.”

3 comments so far

  1. mperelman on

    Reblogged this on unsettling economics.

  2. jacksaunders2001 on

    Eye opening article. Even sewage and sludge has metals.Oh my god we need to cultivate this …

  3. rv Car towing trailers on

    great points altogether, you simply gained
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